Broke my water pump bolt. Now what? (Update – broken bolt is out)

Hi All: I just broke off the lower water pump bolt on my 1974 slant six. All the other bolts came out without a problem. Any ideas as to the best way to extract the broken bolt? I've been soaking it in PB Blaster for the past several days. I don't weld, so I can't weld a nut to the end and twist it out. Haven't used an Easy Out device either. I might try to grab the end with a vise grips and give it a twist, but I don't think this will work. I have a propane torch to heat it up with, if that...

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Author: Cruiser